NOT LISTED FOR SALE

7 Tara Way Pennington, NJ 08534

Estimated Value: $1,284,000 - $1,709,000

4 Beds
3.5 Baths
-- Sq Ft
2.81 Acres

Last Sold June 01, 2021

Last sale price $1,275,000

Est. 23% increase in value since last sale

Current estimated payment $10,911/month

Highlights

  • Heated In Ground Pool
  • Gourmet Kitchen
  • Open Floorplan
  • Hopewell Valley Central High School Rated A
  • View of Trees or Woods
  • Colonial Architecture

About This Home

As of June 2021

Welcome home to 7 Tara Way... This custom-built colonial on 2.81 acres can be your private oasis... away from it all yet minutes to downtown Princeton. This gracious home welcomes you from your first entrance down the long driveway and Mahgony wrap around porch. Enter into the center hall and you immediately feel how unique and special this home is. With formal living and dining rooms to private spaces, this home offers it all. Perfect for entertaining... sunset porch parties to indoor/ outdoor gatherings or pool parties you can choose your perfect entertaining style. The deluxe, light filled, gourmet kitchen can handle it all with an oversized center island, granite counters, Dacor double wall ovens & separate cook top-- simply a chef's delight. A convenient butler's pantry is located between the kitchen and dining room. The adjoining family room features double story ceiling and oversized windows and fireplace. The adjacent sunroom is the perfect private space for a sitting room or a home office overlooking the beautiful property. The formal living room, which is now a gentleman's pool room is complete with another fireplace. Upstairs the master suite is beautiful with cathedral ceilings, oversized windows, room for a sitting area , 2 walk-in closets, and a deluxe spa like bath with jetted tub and separate shower. There are 3 additional large size bedrooms and an additional bath with double vanity and deluxe tilework which will delight. The full finished basement can be utilized for a variety of uses....recreation room, additional WFH office space or even a home theater. Lots of storage space as well with built-in closets and unfinished areas for additional storage room. This home's resort style backyard is spectacular. Wooded perimeters ensure peaceful tranquility, with blue stone patio, walkways, plantings and landscaping and stunning gunite fenced- in in- ground pool. The pool also features a hot tub/spa. This home has so many extra features .... to name a few-- spectacular sunrises and sunset views, 3 car garage. Home sonos speaker system inside & outside, Mahagony porch with circular gazebo, blue stone patio, separate mud room off the kitchen, private laundry room off the mudroom, second staircase from mudroom to the basement, new furnace, new hot water heater, central vacuum sytem, security system, 2 fireplaces, one wood, one gas. This home has been beautifully built and maintained by the current owner... it is move in ready. It's simply spectacular.

Last Agent to Sell the Property

Stephanie Will

(908) 693-8738 stephanie.will@cbmoves.com Coldwell Banker Residential Brokerage - Princeton Listed on: 02/12/2021

Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

Judson Henderson

(609) 651-2226 jhenderson@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9231366

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,103

Year Built

  • Built in 1999

Lot Details

  • 2.81 Acre Lot
  • Property is in excellent condition
  • Property is zoned R150

Parking

  • 3 Car Attached Garage
  • 4 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Solarium
  • Finished Basement

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Butlers Pantry
  • Double Oven
  • Down Draft Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Gazebo

Utilities

  • Central Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Well
  • Propane Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00015 03
  • Assessor Parcel Number 06-00043 24-00015 03

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,103

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-02-14
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to 7 Tara Way... This custom-built colonial on 2.81 acres can be your private oasis... away from it all yet minutes to downtown Princeton. This gracious home welcomes you from your first entrance down the long driveway and Mahgony wrap around porch. Enter into the center hall and you immediately feel how unique and special this home is. With formal living and dining rooms to private spaces, this home offers it all. Perfect for entertaining... sunset porch parties to indoor/ outdoor gatherings or pool parties you can choose your perfect entertaining style. The deluxe, light filled, gourmet kitchen can handle it all with an oversized center island, granite counters, Dacor double wall ovens & separate cook top-- simply a chef's delight. A convenient butler's pantry is located between the kitchen and dining room. The adjoining family room features double story ceiling and oversized windows and fireplace. The adjacent sunroom is the perfect private space for a sitting room or a home office overlooking the beautiful property. The formal living room, which is now a gentleman's pool room is complete with another fireplace. Upstairs the master suite is beautiful with cathedral ceilings, oversized windows, room for a sitting area , 2 walk-in closets, and a deluxe spa like bath with jetted tub and separate shower. There are 3 additional large size bedrooms and an additional bath with double vanity and deluxe tilework which will delight. The full finished basement can be utilized for a variety of uses....recreation room, additional WFH office space or even a home theater. Lots of storage space as well with built-in closets and unfinished areas for additional storage room. This home's resort style backyard is spectacular. Wooded perimeters ensure peaceful tranquility, with blue stone patio, walkways, plantings and landscaping and stunning gunite fenced- in in- ground pool. The pool also features a hot tub/spa. This home has so many extra features .... to name a few-- spectacular sunrises and sunset views, 3 car garage. Home sonos speaker system inside & outside, Mahagony porch with circular gazebo, blue stone patio, separate mud room off the kitchen, private laundry room off the mudroom, second staircase from mudroom to the basement, new furnace, new hot water heater, central vacuum sytem, security system, 2 fireplaces, one wood, one gas. This home has been beautifully built and maintained by the current owner... it is move in ready. It's simply spectacular.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Cooktop - Down Draft, Dishwasher, Oven - Double, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Tile/Brick, Carpet
  • Interior Amenities: Breakfast Area, Butlers Pantry, Built-Ins, Carpet, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Upgraded Countertops, Wood Floors
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Breakfast Room, Mud Room, Recreation Room, Solarium
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Gazebo
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting
  • Pool Features: In Ground, Gunite, Heated, Fenced
  • View: Trees/Woods, Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District Key: 300200397266
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 639500.00
  • Land Assessed Value: 370300.00
  • Lot Size Acres: 2.81
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 122404.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R150

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2120963
  • Tax Annual Amount: 30103.00
  • Assessor Parcel Number: 06-00043 24-00015 03
  • Tax Lot: 00015 03
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/01/2021

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
May 18, 2021
Sold by
Rutman Phillip and Rutman Elizabeth Anne
Bought by
Ray Elizabeth Anderson and Ray Neel
Seller's Agent
Stephanie Will
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Judson Henderson
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,265,000
Sold Price
$1,275,000
Premium/Discount to List
$10,000
0.79%
Current Estimated Value
$1,563,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,037
Avg. Annual Appreciation
4.83%
Original Mortgage
$747,500
Outstanding Balance
$676,768
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$886,269
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ray Elizabeth Anderson $1,275,000 Empire Ttl & Abstract Agcy L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Elizabeth Anderson $747,500
Previous Owner Rutman Phillip $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $1,275,000 +0.8% --
03/26/2021 03/26/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $1,265,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,879 $1,009,800 $370,300 $639,500
2024 $30,859 $1,009,800 $370,300 $639,500
2023 $30,859 $1,009,800 $370,300 $639,500
2022 $30,223 $1,009,800 $370,300 $639,500
2021 $30,890 $1,009,800 $370,300 $639,500
2020 $30,143 $1,009,800 $370,300 $639,500
2019 $29,405 $1,009,800 $370,300 $639,500
2018 $28,860 $1,009,800 $370,300 $639,500
2017 $28,072 $1,009,800 $370,300 $639,500
2016 $26,538 $1,009,800 $370,300 $639,500
2015 $26,810 $1,009,800 $370,300 $639,500
2014 $26,255 $1,009,800 $370,300 $639,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME307066

Bright MLS

APN: 06-00043-24-00015-03